The Centre for European Policy Studies (CEPS) is an independent policy research institute based inBrussels. Its mission is to produce sound analytical research leading to constructive solutions to thechallenges facing Europe today. CEPS Paperbacks present analysis and views by leading experts onimportant questions in the arena of European public policy, written in a style geared to an informed butgeneralist readership.This study was commissioned by the Greens-European Free Alliance Political Group in theEuropean Parliament and directed by Dr. Rym Ayadi, Senior Research Fellow and Head of the FinancialInstitutions and Prudential Policy research unit at CEPS. The research team included Emrah Arbak,Researcher and Willem Pieter de Groen, Research Assistant in the same unit at CEPS. An overallreview and written contributions, including the Foreword, from David T. Llewellyn of LoughboroughUniversity, the Cass Business School in London and the Vienna University of Economics and BusinessAdministration, are gratefully acknowledged. The authors also acknowledge useful comments andsuggestions by Rudi Vander Vennet, Professor of Financial Economics at the University of Ghent.The aim of the study is to examine the key business models adopted by the most prominent EU banks in the period leading up to, during and immediately following the financial crisis, with a view toidentifying key weaknesses inherent in these models in light of upcoming regulatory changes.The views expressed in this report are those of the authors writing in a personal capacity and do notnecessarily reflect those of CEPS or any other institution with which they are associated.
ISBN 978-94-6138-120-0 © Copyright 2011, Centre for European Policy Studies.
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